At least a decent trading pattern has emerged in this. If indeed barrons has decided to quit publishing his extreemly over done "opinions" every 2 weeks, then Jay needed a new outlet. The Model the author of the article published was so skewed as to be ridiculous. Likely there is a connection...
Pretty much, and as long as there is no company inside information is contained, it is 100% legal. Ethics are a whole different ballgame... There is difinately an axe to grind at play here.
It really proves the point of the article.... But, not to say this was the recent driver... But down we go again. Whether we like it or not. That is the way it looks to be until positive confirmaion of a growth product hitting full stride. This is still a Y/e 2016 play here. should handily beat the market returns between now and then.
The "model" used is definitely questionable at best. You can change the sales by entering in a new growth %... For grins, try using 99% growth in 2015. A valid model should be able to handle that type of anomaly. As a spoiler, I'll tell you that with the parameters used to calculate the 6.20 price, with over 1.6B in sales for 2015 (99% growth) the model returns 10.09 fair value for the stock.....
They are strong right now. But remind me too much of HIMX in the March timeframe currently. Made some good trades from high 8's to mid 11's.
Very nice write-up... With HIMX, when it happens it happens. Lots in the works. Whether it all comes together in 2015 or early 2016, I do think it happens. Let's see if the share price adrees with me.
Having some debt is not a bad thing when rates are cheap. I would prefer some debt over the amount of dilution. But I like what I see for a mid term trade. Given the cap-ex expected, they don't have the cash to fund it. 18M of working capital, 24M expected capital additions. So I would expect the debt to start this qtr. Not a bad thing. The dilution put them in a position where they could begin to leverage some debt.
I own them. Have for the 3 spin-offs. Bought in when it was just NCT for ~5.30. Still hold them and 2 of the spins. Sold New media. Personally, I like AI and NYMT much better. Look at NRZ, one of the NCT spins as well. So far "special" dividends have been like clockwork every6 months.
Yahoo had a bad info feed for a few minutes. Showed big spikes on a few hundred k share spikes up. When it was in the 7.70's... It was showing a tad over 8.
They are the same individuals that have done this to you for at least 4 years from the DRYS board. Can't say you might not deserve some of it. You called me a bottom feeder then and I was... Made good money on DRYS back then trading it. But you were extreemly rude then. Your tone has mellowed in the last few years.
As far as SDRL goes. Tough situation. Did the same thing with another stock I own this year. Do you:
A. Sell and try to get the losses back in another stock
B. Hold what you have because, given the commodity pricing influence here, This has a chance to gain back at least 100% here in the next 24 months.
Personally, I like B. No one has any patience anymore. I feel for and understand the holders from the 52 wk high. As I said, In that situation with another stock. Fundamentally the long term has not changed. Rigs are under contract. Oil will eventually go up. 3-4 year plan here for me at these price levels.
Agreed, But no sence jumping in too early. I set my 1st add at 11.50. We'll see...
And there was a pretty good head fake in there. Still setting my buy @~11.50 for the first purchase. Simply watch and adjust from there. 2-3 year time frame here for me.